bny mellon delivered positive surprises on both fronts.ting projections and signals coming out ahead as well. what benefited bank of new york mellon was all of the volatility in markets last month from all of the trading that went along with that. they talked about, among other things on their conference call, u.s. trade volume was up 50% last month from the pace in january and february, and the amount of global settlement of trades they did was up 40% in that same period. but that altogether, and they had a 10% increase in fee revenue for the quarter. that benefited them at a time when net interest revenue was falling because interest rates were down. as opposed to other banks that have had to set aside billions of dollars for potential loan losses down the road, they only had to make a loan loss provision of $169 million. they are clearly in a much better position than the biggest u.s. banks when it comes to being able to deal with what is ahead as a result of the coronavirus. how the talk about assets that they have either under custody

the company's teaming up with carnegie mellon university to gather data about people with symptoms.uckerberg says the goal is to produce maps which officials can use to predict hot spots. during an exclusive interview with george stephanopoulos airing on "good morning america" this morning, zuckerberg admitted one challenge is that the data is based on the self-reporting of symptoms by facebook users. >> that's a lot of the work that the health researchers at carnegie mellon have been doing, to make sure that the data that's coming from the survey is high quality and that it correlates with what hospitals are seeing on the ground. and the -- the initial indication that they have -- you survey for, you know, almost ten days now to make sure that -- that we can get good, consistent data. the initial read is that this is high-quality data that does correlate with the case load that people are seeing in ho >>more of geor'sieter ongm" including the ivy conc >>> and we turn now to the extreme side effects that coronavirus patients are seeing. a broadway star even had to get his leg amputa

they did the survey with carnegie mellon. went to carnegie mellon, the data is what we're seeing on this map. these are people who went out and filled out the survey and said maybe someone in their household had a temperature or showed cobit symptoms, maybe they had covid symptoms. it's interesting to note here, in the past couple of weeks, we've seen some data coming out of google on the search side of people searching for different symptoms of covid-19 in geographic areas that within about a week became a hot spot. so about a month and a half ago, people of italy started searching for things like fever, chills, loss of taste and smell, something's not to be associated with covid-19. so the kind of an interesting way to receive this sort of real-time data picture overlaid with what is actually happening. it has been a real key for health departments, because it gives them a lot of information that we wouldn't otherwise have. now, mark sucker berg has played down the privacy aspect of all this, he said you know, this is not a

alicia levine is chief strategist at begin why mellon investment management. that doesn't for "the closing bell -- that does it for "the closing bell." "what'd you miss?" is next. this is bloomberg. ♪ ♪ romaine: broadcasting live from new york to our viewers worldwide, this is "what'd you miss?" i am romaine bostick, joined as always by my cohost, scarlet fu. scarlet: a snapshot of how u.s. stocks closed on the day. the biggest one-day decline since april 1. it is also the first back-to-back decline for stock indexes since april 1. after the market close, we did hear some fairly -- numbers from netflix. texas instruments went ahead with forecasts, believe it or not. it was a pretty wide forecast. 3.1 9 billion. you are talking about a $900 million gap. tothe eps side, it was $.64 $1.04. those ranges are so wide, who knows where it is going to be. at the moment, we are also getting snap earnings at the wire. active users, 229 million, right around what analysts were looking for. scarlet: better than expected on those daily active users. analysts -- that is comp

this joins mellon university to track the unit —— illness.re people in america are filling your county by county. people can report any covid—i9 of flulike symptoms they had had in the past 2a hours. a device made from a raspberry pi minicomputer is being used to remotely monitor vital signs in coronavirus patients. engineers intro designed the device which attaches to a fingerprint probe. it uses “— attaches to a fingerprint probe. it uses —— feed patient data back to nurses via wi—fi. 60 motor lights we re nurses via wi—fi. 60 motor lights were launched into orbit by ellen musk‘s spacex, 2360 that are already up. spacex says it will have eventually more than 12,000 satellite in space with the aim of providing global internet coverage. and finally it was the 50th anniversary of earth day this week with celebrations taking place many online. the european space agency beamed a powerful message of human unity from stephen hawking into space. when we see the earth from space. when we see the earth from space we see ourselves space. when we see t

lungs mellons up pneumonia isn't far behind one particularly dangerous type location is what's known as a cytokine storm which can quickly proof fatal. what is a cytokine storm and why is it dangerous. kinds are signaling molecules released by immune cells that cause inflammation now inflammation is actually part of the body's immune response to something like the invasion of a pathogen the problem is when the checks and balances in the immune system don't work correctly and the immune cells continue to churn out side a kinds kind of on mass even when they're no longer needed the inflammation reaction spirals out of control and the vast numbers of cytokines begin attacking the body's tissues that's that's a side a kind storm in coated 19 patients who've had severe cases it's often what's causing death. over the top reaction of the immune system can cause much more damage to organs like the lungs then the virus itself in younger patients in particular doctors now believe it might even be the primary cause of mortality. his own therapy effective against. those whom is an unstable boleh

carnegie mellon produces an aggregate report that doesn't include anyone's individual response.s program that facebook is helping to distribute the survey but it's carnegie mellon's survey. >> reporter: and facebook and carnegie mellon are now expanding this survey on a global scale, working to provide the data to governments and public health officials worldwide. i imagine a lot of looters and a lot of countries aren't going to be happy with that kind of transparency. >> we're certainly seeing some governments that might be trying to suppress how bad the disease is in their countries, but i think it can also help keep them accountable and honest about what the symptoms are. >> reporter: facebook also holds its continuing to monitor and flag posts for harmful misinformation about the disease. how do you deal with the fact that facebook is now being used to defy social distancing guidelines in states. somebody trying to organize something like that, does that qualify as harmful misinformation? >> we do qualify that as harmful misinformation and we take that down. at the same time

it is a part of a joint effort with carnegie mellon university to help track the illness. online heat map to track where people in america are feeling ill, county by county. people can report any covid—i9 of flulike symptoms they had had in the past 2a hours. a device made from a raspberry pi minicomputer is being tested to remotely monitor vital signs in coronavirus patients. engineers at the university of toronto designed the device which attaches to a fingertip probe. it feeds patient data back to nurses via wi—fi. 60 more satellites were launched into orbit by elon musk‘s spacex starlink mission, joining 360 that are already up. spacex says it will eventually have 12,000 satellite in space with the aim of providing global internet coverage. and finally it was the 50th anniversary of earth day this week, with celebrations taking place mainly online. the european space agency beamed a powerful message of human unity from stephen hawking out across the planet. when we see the earth from space we see ourselves as a whole. 0k, school is back and that means for parents at ho

he sent mellon to the court of st. james. the other thing is we tend to think that the stock market collapsed in october 1929 and the next day there were bread lines. this took time to evolve. early in 1930, the new york times, among other media outlets, praised hoover for doing more than any other president before under the circumstances. hoover did not believe in boom and bust. in fact, to go back to warren harding's administration, as secretary of commerce, there was a severe recession right after world war i. and it was hoover who was in effect delegated with responsibility, and what he did was, among other things, greatly increase public works spending. which again is in many ways a foreshadowing what we associate with the new deal. likewise, hoover immediately, again voluntary association. hoover called to the white house for jawboning of dozens of the nation's leading business executives. he got them to agree to undertake an increase in their commitments. wages -- he talked to henry ford, who initially agreed to increa

art hogan of national securities and alisha levine of bny mellon investment management.emic has put a lot of pressure on borrowing costs for counties. we will look at the response to the virus, next. this is bloomberg. ♪ ♪ viviana: you are watching "bloomberg daybreak." boeing announced voluntary buyouts to its 161,000 employees. no word on how many workers the company will cut. boeing is facing a sharp hit to demand because of the global pandemic. about 40% of the fleet is part. southwest will become the second u.s. airline to apply for federal aid. southwest says it is looking for a possible grant. they could boost liquidity and provide job security for its employees. american airlines will ask for up to $12 billion in aid. we end with a rout in the municipal bond market. prices retreated from last week's rally triggered by the federal government stimulus plan. some traders say they news about the coronavirus pandemic is pushing investors back to the safest securities. that is your bloomberg business flash. alix: thanks so much. for more on the turmoil in the $4 trilli

last core and itwill allow patients to collect their own nasal swab mples at home and then you just mellon your results. according to the fda lab corps will take the test available in most states in the ming weeks. you'll need a doctor's order to be able to purchase the at home kit tests for so make sure you do that. well lawmakers and local immigrion attorneys are reacting to the president's plan for a new immigration ban. some thk it is a smart move for the country during know theythink that the you president is ing the coronavus to push an anti immigration agenda. kron four's noelle bellow reports. >>initial ban that the president had initiated a wle back prevent did some muslimfm coming into the country from particular countries but with his new declaration, he is prenting people from coming to the unitedstates as lawful immigrants whose families have protection for themto join them in the united states, san francisco, immigration lawyer elias shemispt tuesday unpacking exacy who would affected by president trump's newly nounced immigraon ban in addition, it appears thathose that are i

it's a part of a joint effort with carnegie mellon university to help track the illness.nline heat map to track where people in america are feeling ill, county by county. people can report any covid—19 or flu—like symptoms they've had had in the last 2a hours. a device made from a raspberry pi mini—computer is being tested to remotely monitor vital signs in coronavirus patients. engineers at the university of toronto designed the device which attaches to a fingertip probe. it feeds patient data back to nurses via wi—fi. 60 more satellites were launched into orbit by elon musk‘s spacex starlink mission, joining 360 that are already up. spacex says it will eventually have 12,000 satellite in space with the aim of providing global internet coverage. and finally, it was the 50th anniversary of earth day this week, with celebrations taking place mainly online. the european space agency beamed a powerful message of human unity from stephen hawking out across the planet. stephen hawking: when we see the earth from space, we see ourselves as a whole. 0k, school is back and that m

it is a part of a joint effort with carnegie mellon university to help track the illness.heat map to track where people in america are feeling ill, county by county. people can report any covid—i9 of flulike symptoms they had had in the past 2a hours. a device made from a raspberry pi minicomputer is being tested to remotely monitor vital signs in coronavirus patients. engineers at the university of toronto designed the device which attaches to a fingertip probe. it feeds patient data back to nurses via wi—fi. 60 more satellites were launched into orbit by elon musk‘s spacex starlink mission, joining 360 that are already up. spacex says it will eventually have 12,000 satellite in space with the aim of providing global internet coverage. and finally it was the 50th anniversary of earth day this week, with celebrations taking place mainly online. the european space agency beamed a powerful message of human unity from stephen hawking out across the planet. when we see the earth from space we see ourselves as a whole. 0k, school is back and that means for parents at home, we h

it is a part of a joint effort with carnegie mellon university to help track the illness. map to track where people in america are feeling ill, county by county. people can report any covid—i9 of flulike symptoms they had had in the past 2a hours. a device made from a raspberry pi minicomputer is being tested to remotely monitor vital signs in coronavirus patients. engineers at the university of toronto designed the device which attaches to a fingertip probe. it feeds patient data back to nurses via wi—fi. 60 more satellites were launched into orbit by elon musk‘s spacex starlink mission, joining 360 that are already up. spacex says it will eventually have 12,000 satellite in space with the aim of providing global internet coverage. and finally it was the 50th anniversary of earth day this week, with celebrations taking place mainly online. the european space agency beamed a powerful message of human unity from stephen hawking out across the planet. when we see the earth from space we see ourselves as a whole. ok, school is back and that means for parents at home, we have

health initiative to foster transformation which i codirected with a friend and colleague claude mellon which one funded by columbia university so it was the giant ship project which had two surveys , the non-european the whole community engagement portion and the book is based mostly on the ethnographic research, that research telling time with and talking with students as they go about their daily lives. let me tell you another story. when was a call sort of conventionally very attractive white woman and when she came to new york she settled right into sort of new york city club life which she enjoyed so she told us she came into the interview with a list of stories she wanted to tell us, these are good stories and they didn't feel necessarily like good stories when weheard them . she would meet men, these sort of being less actors and not very famous athletes and she was very clear she said on her own sexual boundaries so she would go back to hotel rooms with them and she didn't want to have sex she would describe it, he would just give them a blow job to get out of there and for her

i want to thank or acknowledge the financial support of the mellon foundation, which makes this briefing possible. i also want to thank regional weekly in the back of the room, which is the assistant director that helped organize this. i want to thank the office of gerry connolly, and also alert you to the fact that you all have index cards on your chairs. this is for questions. as the presenters are speaking, feel free to jot down questions. we will collect them. the second half will be devoted to q&a. we will collect the questions and go from there. thank you all for coming. david? >> good morning. thank you for coming. i have been teaching international history at georgetown university for 30 years. the rest of it is in the flyer. i didn't mention i worked briefly with the congressional research service, the little longer for the department of energy, the conservation of solar, and seven years at the state department and historian's office. in the flyer notes, my research and publications focus on the political economy and geopolitics of oil. i want to say a few words about the import

mellon, and you have that to go back to after changes have been made. that was our philosophy when i was there, was always maintain a baseline of professional landscape architecture and history. never lose sight of that, so that when changes are made depending on particular administrations or events, you can always reset. >> yeah. go back to history, go to what works. you make it look good for the folks that are there at that stage, and for that balance. you do what it takes to make the balance and that is what we did. >> and good people. always have good people in the picture, people like jim. [applause] >> never be afraid to go out to the best expertise you can find. [applause] >> always remember the people doing the day in and day out work, the gardeners and laborers are very special people. they have high standards to maintain and a lot of pressure because what they are doing, whether it is deadheading roses or cutting grass, so many people are looking at what they are doing, and they constantly are in the background of tv cameras and so forth. thos

she is a graduate from carnegie mellon and johns hopkins university. nicolette louissaint is the executive director of healthcare ready. post,"om "the washington health care supplies are near depleted. ,oe is joining us from compton california. good morning. caller: good morning, america. question, and it is from what i see -- why don't they walk out here and do 100, swab checks on different people, and then say out of these random tests, we found 3, 4 coronavirus in this area, and then give us the general idea of what is going on here. the counties, the cities, we all have health departments. making $40,000 a year. no county has walked out the door and just did random tests. host: thank you. we will get a response. guest: so i would actually challenge that pete i think there are many county and city health departments that have not been fully funded. they are working to do testing right now. as more tests are coming online and the ability to test more individuals is coming online, they are focusing on making sure more likelyho have contactor being tes

anyway, we have the bny mellon investment chief strategist.ing at markets, sometimes there's a disconnect and people wonder, market's doing one thing, the economy's doing another thing, they were prepared for bad news. we keep getting the bad economic news, spending the lowest figure on record, income, you know, sinking fast, all that was expected. is it wall street confidence that things will turn around, more states coming back, it's going to eventually change this equation? what do you think? all right. i apologize for that. that's what they call a significant delay. i ask the question and one hour later, i hear back. that comes in handy. anyway, we will fix that. i apologize for that. it's the nature of the beast here. you have been very very understanding about that, as are our guests. david lee miller in new york right now on other developments we are following. the new york governor was questioned about some positive signs he's seeing on the hospitalization front. whether new york changes what it's planning to do in the middle of may wh

a senior at carnegie mellon university from telford, pennsylvania...homore at the university of texas at austin from dallas, texas... and now, here is the host of "jeopardy!"--alex trebek! [ cheers and applause ] thank you, ladies and gentlemen. thank you, johnny. hello, everyone and welcome to day one of our 30th college championship. 30th college championship. what that means is that over the years, "jeopardy!" has welcomed nearly 450 students who came here to win glory for themselves, $100,000 in cash, and to bring honor to their schools. sirad, emma, marshall, welcome. good luck. let's go to work. ♪ here are the categories for the first round of play today... we'll give you the nickname, you identify the president. we'll deal with... and finally... marshall, you won the toss, you go first. could i get tv of today for $1,000? - sirad. - what is "empire"? "empire," right. presidential nicknames for $1,000.

and tim mellon at 12 million. at very end of the list was george soros at seven million.f pressure on these big major donors to pick up the slack. where will jeff bezos go? he and amazon, they are doing very well. where is that money going well and is michael bloomberg still going to put in money he promised? melissa: i don't know. it would depend from person-to-person how much of their wealth evaporated. even if it is only temporary, everyone is making decisions where, how i will allocate my resources and where do i have to leave money in the market or inmy investment hoping that it comes back, rather than pulling it out and spending on a campaign. i think there will be a lot less money than people think. noelle, thanks very much. >> sure. connell: we have another disruption to the food supply chain. tyson foods made announcement it will indefinitely suspend operations at its largest pork processing plant in the united states. it is trying to cut down on the spread of the virus. a lot of people sick there and the company says workers at this plant in iowa will still be c

also the former chair of the mellon foundation board and the past chair of the political board. marie is joining us from north carolina. thanks for waiting. i recently took a saliva was for dna, ancestry, that so simple. it looks like it would really be a simple test for people to take. would it be easy? guest: that is it. is the innovation pathway. it was approved for rutgers last week. it is the pathway we need to build out to upscale. and all the ancestry diagnosis, that's the methodology they used. host: who produced these tests? guest: rutgers university developed the tests. i couldn't tell you which companies they are working with. host: but the distribution is relatively easy? guest: it is much simpler than the nasal swab approach. everything at the annable little -- analytical level is the same. in terms of the actual sample collection, it is much simpler. this point, it is a small-scale use. that's an example of what i mean. a breakthrough innovation. others were also working on other tests. yet we don't have the coordination we need to quickly ramp it up to scale. no l

bet's bring in mellon chief investment management, alicia levin. great to have you here, alicia. >> thanks, cheryl. cheryl: talk about the russell 2000. one of the things interesting today in the market, smaller cap, even mid-cap companies are actually performing stronger than larger names. does that tell you the market is finally starting to find a strong footing? >> well it's unclear whether this is just tactical catchup trade or a message that the market really sees the end of the lockdown and growth going out. so as you know, the small cap underperformed on the way down, and woefully so and then when we bounced starting on march 23rd the small caps really underperformed because that's where they're going to be any kind of cash flow issues or bankruptcies you will see it more in the small cap universe. so therefore the small caps really struggled, unlike large cap tech names which really flew in the face of this. when you see that groups that really had underperformed and not just the small caps but also the banks, the financials, starting to ge

galliard, investco, and mellon. they were invited to the deferred comp committee, and they presented three presentations, and after that, the committee voted to retain galliard as the stable value investment manager, coming to the full board for approve. like i said, i have greg and kyle if you have any questions or if you would like them to do a high-level presentation of the search that they conducted, they'll be happy to do that. what's your pleasure, president driscoll? [inaudible] >> i'm happy to echo jay's comments. galliard really has been a strong partner to the board since they were hired in 2014: they've diversefied the fund. as jay mentioned, it was about $1 billion, but i would remind the board that there are four underlying external managers as well as internal galliard management, so it's very well diversefied and continues to do a very nice job in this scenario. we have seen very snies casnic, particularly for the month of march. so i'll pause there and really see if there's any questions. happy to wa

and by asking those questions -- basically, we're working with academics, carnegie mellon university information goes to them. we're not collecting health information about people. but through the survey we're then able to produce a county by county map across the country of the prevalence of disease and people with symptoms. this is going to be quite valuable for local governments and health officials to get a sense of what's happening in their area and what's about to happen because people report feeling symptoms days before they feel they need to go get tested or show up in the hospital to develop some of the more severe symptoms of covid. this can give people a lead indicator of what's happening, which can help plan the near-term public health response, help allocate scarce resources, whether it's masks or ventilators. but then over the coming weeks and months it will also help local governments figure out how they should be opening up, when it's going to be safe to start opening and have people come back into society, or if something starts going wrong and there's a recurrence,

4:21 in the afternoon, and uber driver jason dalton is picking up his first ride of the day, matt mellond just come to the kalamazoo area, and he decided that was a way to make some extra money. >> to raise money for a vacation. >> he was new to uber, was just learning how to figure out the app. they had good reviews of his rides. >> reporter: this one ride would unleash eight hours of terror in kalamazoo. and we've been covering this story for years now, from the very beginning. >> matt mellen was going to pick up his car after leaving it the night before at a friend's house. >> so he picked me up here. >> reporter: do you notice the names of the uber drivers when you get in there? >> i mean, sure. i always look at theirhoto. >> reporter: right. >> do i pay much attention to that? not really. >> matt was one of the first of many people whose life would be affected by jason dalton that day. >> he did have a dog in his back seat, so i sat in the front seat because the dog was in the back seat. >> jason took his dog for a walk before he started driving riders in the uber. >> reporter: so,

carnegie mellon accepting macy after retaking the sat.11 days in prison after charges for the college admission scandal. she admitted to paying $15,000 to have her daughter's sat answers corrected. her daughter was not involved in the scheme. now to. so trending stories on foxnews.com right now. first off, a california urgent care doctor is critical sizing the state's stay-at-home order saying we can build up an immunity without a crack seen. next, one of congresswoman's alexandria ocasio-cortez's challengers is calling her out for voting against the covid-19 relief bill. michelle caruso ca cabrera sayse democratic socialist is out of touch. video declassifies videos of possible ufos taking by fighter pilots they have been circulating online for many years. download the fox news app. the news moves fast. we can help you keep up. brian i know you love ufos i'm sure you will go online and check it out. brian: if it was a real ufo you would have put it first. when it's your kicker story i don't believe it's actually true, okay? but i will go

that virus writing in the washington post facebook ceo mark zuckerberg says researchers at carnegie mellonpublishing a survey asking facebook users about covid symptoms the idea is to use the 1 million u.s. responses a week to get an early read on where the disease is spreading and where that curve is flattening. joining us to talk about all the latest on the virus developments is dr. scott gottleib. he is the former fda commissioner he's a cnbc commissioner and he serves on the boards of pfizer and i willumina. i want to ask you about your own op ed, how to keep workers healthy on the job you lay out how to do this in the new world. what's step number one >> the idea here is for businesses to start thinking about what their back to work plans are and what they can do to create a safe workplace looking at ways to provide alternative forms of transportation to mass transit shared surfaces have been a source of the spread in boston, new york trying to create a safe environment, access to testing for people who have very mild symptoms who might not present to doctors liberal cleaning of share

she is a graduate from carnegie mellon and johns hopkins university.olette louissaint is the executive director of healthcare ready. post,"om "the washington health care supplies are near depleted. ,oe is joining us from compton california. good morning. caller: good morning, america. question, and it is from what i see -- why don't they walk out here and do 100, swab checks on different people, and then say out of these random tests, we found 3, 4 coronavirus in this area, and then give us the general idea of what is going on here. the counties, the cities, we all have health departments. making $40,000 a year. no county has walked out the door and just did random tests. host: thank you. we will get a response. guest: so i would actually challenge that pete i think there are many county and city health departments that have not been fully funded. they are working to do testing right now. as more tests are coming online and the ability to test more individuals is coming online, they are focusing on making sure more likelyho have contactor being tested

it‘s a part of a joint effort with carnegie mellon university to help track the illness.fi. 60 more satellites were launched into orbit by elon musk‘s spacex starlink mission, joining 360 that are already up. spacex says it will eventually have 12,000 satellite in space with the aim of providing global internet coverage. and finally, it was the 50th anniversary of earth day this week, with celebrations taking place mainly online. the european space agency beamed a powerful message of human unity from stephen hawking out across the planet. stephen hawking: when we see the earth from space, we see ourselves as a whole. 0k, school is back and that means for parents at home, we have to start helping our children with their lessons. there is a lot of homeschooling content online, but it‘s pretty overwhelming for any parent to work out where to go for what. so here‘s kate russell with a round—up of what‘s around. you know, it‘s ok to admit that this shutdown is sending you a little bit doolally. like these parents who posted these brilliant memes about homeschooling. and with s